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ITT Commercial negotiates $17.5 million finance package with CompuCom Systems. (ITT Commercial Finance Corp. extends collateral-based loan)
ITT Commercial negotiates $17.5 million finance package with CompuCom Systems
ITT Commercial Finance Corp. announced a $17.5 million finance package for a wholly owned subsidiary of CompuCom Systems Inc.
The collateral-based loan helped facilitate CompuCom's recent acquisition of The Computer Factory, a national chain of computer reseller stores.
At $343 million in 1990 revenues, CompuCom Systems Inc., based in Dallas, grew more than 26 percent in 1990 with earnings up 124 percent. CompuCom provides microcomputer-based products, support and integration …
